Adidas sales flatline as Yeezy fallout deepens

Adidas

Adidas reported gross profit of €2.3bn (£2bn), down 10.8% from €2.6bn (£2.2bn) in the first quarter of 2022. Operating profits plunged 86.2% to €60m (£52.5m) from €437m (£382m) the previous year.

 

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